This is nuts. I register two domains, stephenbates.com and yellowdoggereldemocrat.org, each for about $15 a year… yes, I could have gotten them cheaper, but I find the registrar I use to be free of the kind of troubles one might expect in such a business.
Now, as the international regulatory body, Internet Corporation for Assigned Names and Numbers (ICANN) begins to create and sell new top-level domains (as in Time Magazine’s example, say, “.baseball” instead of “.com”), their prices have gone extreme… $185,000 for a 10-year license, plus $10,000 a year, for a new top-level domain… and of course other subordinate registrars will follow suit.
Many domains are registered defensively. E.g., in a purely hypothetical example, to protect a trademark, the Coca-Cola corporation might register not only Coke.com but also Coke.org, Coke.edu, Coke.info, Coke.tv, and an assortment of other names. A large corporation will have no trouble coming up with millions of dollars to cover all the bases. What about a small nonprofit?
This is just nuts. Why should I have to register, say, stephenbates.isfuckedup as a domain I will never actually have hosted anywhere, at a cost of $185k, just to prevent someone from using it?
And where is the outrage on broadcast TV news? What outrage? There is no problem. ABC (picking at random among networks) can certainly afford all the domains it wants; why stir up trouble among the proles?
ICANN is a committee with an historical propensity to meet in secret. Congress has taken some testimony in opposition to this plan, but the fact is that we will know of its approval (or, one hopes, disapproval) by a pronouncement in pontifical fashion from the committee. Like much of the rest of American government these days, it will all be done behind closed doors, and you will be told the result.
But ICANN’s decision doesn’t affect just the U.S. I can’t wait to read the European reaction to this outrage.
AFTERTHOUGHT: the real beneficiaries of such a policy are domain registrars and attorneys. Start it up, and watch the lawsuits begin.
CORRECTION: this apparently applies only to the sale of new gTLDs (generic Top Level Domains) themselves, things on a par with “.com”. Please read Bryan’s comment, first in the thread. I still think it’s a bad idea, but it may not affect lower-level domain prices under one of the existing standard TLDs like .com, .org and .net. Time will tell.